Administrator pendente lite is Latin for “administrator pending litigation.” The litigation is usually a dispute over a decedent’s will. An administrator pendente lite is appointed (by a probate court) to manage an estate and probate a will...
financial events
administrator with will annexed
Administrator with will annexed refers to a person appointed by a court to fill the role of an executor of a will when an executor is unspecified or unavailable. The administrator takes on all the legal responsibilities and powers of an...
administratrix
Administratrix is the outdated term used to refer to women that are court appointed to oversee the administration of estates for those that pass intestate. In the modern context, administrator is used to refer to all genders and may refer to...
adultery
Adultery is a form of extramarital sexual intercourse between a married person and a person who is not a party to the marriage. In a fault divorce, adultery is one of the grounds for divorce. In addition to obtaining a divorce, some states...
advance directive
An advanced directive is defined as a legal document that takes effect if one cannot make decisions due to illness or incapacity. Several different types of advance directives exist. Some, such as a living will, give instructions on which...
advancement
An advancement is a gift made during a donor’s life to a family member, usually when the donor anticipates their own death. The value of the advancement is included in the calculation of the net probate estate when the donor dies. Therefore,...
adversary proceeding
An adversary proceeding may refer to any case in which two opposing parties resolve a dispute through a neutral third party, however, the term is more frequently used to refer to a specific type of action in bankruptcy court.
...after-acquired property
Also called “future-acquired property”.
Personal or real property that a borrower acquires after having taken on a debt secured by all of their property, which becomes additional collateral for the debt. Based on UCC § 9-204, such...after-acquired title
Title held by someone who bought property from a seller before the seller received title to the property and who automatically obtained title upon the seller’s receipt of title.
An example involving acquiring after-acquired...
agency
Agency law is the common law doctrine controlling relationships between agents and principals. A principal-agent relationship is created when the agent is given authority to act for the principal. An agreement made by an agent is binding on...